Foreclosure Purchaser definition

Foreclosure Purchaser. As defined in Section 31.1.

Foreclosure Purchaser. As defined in Section 31.1. GAAP: Generally accepted accounting principles consistently applied in the preparation of financial statements, as in effect from time to time (except with respect to any financial ratio defined or described herein or the components thereof, for which purposes GAAP shall refer to such principles as in effect as of the date hereof).

Foreclosure Purchaser means a person that has acted as the acquirer in a foreclosure reconveyance. “Foreclosure pur- chaser” also includes a person that has acted in joint venture or joint enterprise with one or more acquirers in a foreclosure recon- veyance. “Foreclosure purchaser” does not include any of the fol- lowing:

Examples of Foreclosure Purchaser in a sentence

• This Agreement shall run with the land and shall inure to the benefit of the parties and, their respective successors and permitted assigns including a Foreclosure Purchaser.

• To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage and are waived and released as to Beneficiary and any Foreclosure Purchaser.

• If a Foreclosure Purchaser acquires the Property or if Beneficiary assigns or transfers its interest in the Note and Deed of Trust or the Property, all obligations and liabilities of Beneficiary under this Agreement shall terminate and be the responsibility of the Foreclosure Purchaser or other party to whom Beneficiary's interest is assigned or transferred.

• If a Foreclosure Purchaser acquires the Property or if Beneficiary assigns or transfers its interest in the Note and Deed of Trust or the Property, all obligations and liabilities of Beneficiary under this Agreement shall terminate and be the responsibility of the Foreclosure Purchaser or other party to whom Beneficiary’s interest is assigned or transferred.

• To the extent Tenant has or acquires any such right or option, these rights or options are acknowledged to be subject and subordinate to the Mortgage and are waived and released as to Lender and any Foreclosure Purchaser.

More Definitions of Foreclosure Purchaser

Foreclosure Purchaser means a person who acquires title or possession of a deed or other document to a residence in foreclosure as a result of a foreclosure reconveyance.

Foreclosure Purchaser shall have the meaning set forth in Section 3.03.

Foreclosure Purchaser. As defined in Section 14.1.

Foreclosure Purchaser means any third party that acquires any ownership interest in or title to all or any portion of the Initial Foreclosed IP or Licensed IP in connection with or subsequent to a Foreclosure or as a result of a Foreclosure.

Foreclosure Purchaser means the person identified as the purchaser

Foreclosure Purchaser means the person identified as the purchaser on the report of sale required by Maryland Rule 14–305 for a foreclosure sale of residential property.

Foreclosure Purchaser means the holder of a Mortgage or the designee or assignee of the holder of a Mortgage in the case of a deed-in-lieu of foreclosure, or the purchaser in a foreclosure proceeding.